Climate Change Data

PRA Group, Inc.

Climate Impact & Sustainability Data (2021, 2022, 2024)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:65,060 MTCO2e
Scope 1 Emissions:62.38 MTCO2e
Scope 2 Emissions:22,459 MTCO2e
Scope 3 Emissions:38,321 MTCO2e
Water Consumption:9,221 HCF per year
Waste Generated:513 tons per year

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Installed economizers in HVAC units, used white reflective roofing, installed airlocks on doors, installed LED lighting and Energy Star appliances, increased use of motion sensors
  • PRA Group U.K. moved to a zero carbon facility at HALO Kilmarnock

Social Achievements

  • Introduced a Global Diversity and Engagement Survey
  • Launched an IT apprenticeship program
  • Expanded benefits including wellness incentive associated with HSA, enhancements to paid parental leave, and access to onsite wellness and mental health screenings
  • Introduced a suite of 18 emotional well-being e-learnings
  • Created the Women in Business Advocates ERG and Mental and Emotional Well-being ERG and Caregivers: Allies and Advocates ERG
  • Celebrated Global Inclusion Week and Women’s History Month
  • Partnered with the Foodbank of Southeastern Virginia and the Eastern Shore to sponsor a virtual webinar titled “Racial Wealth Gap Simulator”
  • Offered eight courses aligned with D&I strategy
  • Achieved the Global Biorisk Advisory Council’s STAR™ accreditation for the second consecutive year

Governance Achievements

  • Published inaugural ESG Tear Sheet
  • Adopted a Statement on Human Rights
  • Adopted a Political Contributions Statement
  • Hired a Director of ESG
  • Formally incorporated ESG in enterprise risk management program

Climate Goals & Targets

Environmental Challenges

  • Limited access to metered environmental data due to leased facilities
  • Data limitations in calculating Scope 3 emissions due to international operations
  • Challenges in obtaining comprehensive data on international assets for emissions calculations
Mitigation Strategies
  • Relied on standards generally accepted in ESG reporting and excluded offices with 15 or fewer employees for baseline data
  • Working with procurement vendors to enhance Scope 3 reporting
  • Planning to map international operations to calibrate Scope 3 emissions calculation

Supply Chain Management

Responsible Procurement
  • Using supplier return programs and universal waste drop off centers for e-waste and universal waste disposal

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, UN SDGs, World Resource Institute’s Greenhouse Gas Protocol

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:33,785 MTCO2e
Scope 1 Emissions:38 MTCO2e
Scope 2 Emissions:3,483 MTCO2e
Scope 3 Emissions:30,264 MTCO2e
Water Consumption:8,762 HCF
Waste Generated:508 tons

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Relocation of Kilmarnock office to a net zero carbon mixed-used development facility in Scotland
  • Adoption of first Environmental Statement
  • Finalization of plans to transition all data center operations to cloud hosting
  • Improved tracking of greenhouse gas emissions

Social Achievements

  • Expanded Employee Resource Groups (ERGs) and Diversity and Inclusion (D&I) programming
  • Launched Women in Business Advocates ERG and Mental and Emotional Well-Being ERG
  • Held second annual Global Inclusion Week with 235% increase in engagement
  • Introduced PRA Talks, a monthly conversation series

Governance Achievements

  • ESG Steering Committee approved ESG Working Group Charter
  • Mandatory annual compliance training for all employees and directors
  • Maintained a code of conduct for all directors and employees
  • Established an ethics hotline

Climate Goals & Targets

Environmental Challenges

  • Data limitations due to leased facilities and international operations
  • Limited access to metered data for water and energy consumption in some facilities
Mitigation Strategies
  • Improved data collection, especially for Scope 2 emissions (metered energy data from 15 US, 11 European, 1 Australian, and 2 Canadian offices)
  • Used proxies and estimations based on publicly available data for missing information
  • Used CalRecycle data for waste footprint estimation and DOE data for water footprint estimation

Supply Chain Management

Responsible Procurement
  • Mapping the diversity of the supply chain

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, UN SDGs, World Resource Institute’s Greenhouse Gas Protocol

UN Sustainable Development Goals

  • SDG 1
  • SDG 3
  • SDG 5
  • SDG 8
  • SDG 10
  • SDG 12
  • SDG 13

PRA Group's objectives align with these SDGs through initiatives such as modernizing collections, expanding products, fostering a high-performing workforce, and promoting sustainable practices.

Awards & Recognition

  • Two Bronze Stevie® Awards in the Most Valuable Corporate COVID-19 Response and Corporate Social Responsibility Program of the Year categories

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Responsible procurement

Climate-Related Risks & Opportunities